Xeneta expands data power with eeSea acquisition

Oslo, Norway-based Xeneta AS has announced the acquisition of Copenhagen-headquartered eeSea, a maritime and supply chain data company. The deal will combine Xeneta’s freight rate data with eeSea’s global schedule, transit time and reliability data, enhancing visibility and control over containerised freight.

Xeneta said that shippers face challenges such as freight rate volatility, delivery delays, blank sailings, congestion and increased transshipment due to trade tariffs, wars and geopolitical changes. By adding eeSea’s intelligence to its existing platform, the company will enable Beneficial Cargo Owner procurement teams to manage contracts and suppliers based on service levels as well as cost.

Patrik Berglund, CEO of Xeneta, described the acquisition as a milestone. He said that combining data and skills would give customers actionable intelligence to manage freight spend and delivery reliability more effectively.

Simon Sundboell, founder and CEO of eeSea, said the partnership would allow shippers to negotiate freight based on operational performance factors such as transit times, reliability, cancelled sailings, weekly stability and schedule forecasting accuracy, and not just rates.

Xeneta works with leading global brands including Nestlé, Volvo and Coca-Cola to provide freight procurement and logistics intelligence. Headquartered in Oslo, the company has more than 200 employees worldwide. eeSea, founded in 2015 in Copenhagen, specialises in real-time vessel tracking, reliability and transit time analytics, and trade lane capacity insights.